Financial Aggregates September 2010

In Financial Aggregates 2010

Total credit provided to the private sector by financial intermediaries rose by 0.1
per cent over September 2010, following an increase of 0.1 per cent over August.
Over the year to September, total credit rose by 3.3 per cent.

Housing credit increased by 0.6 per cent over September, following an increase of
0.6 per cent over August. Over the year to September, housing credit rose by
8.0 per cent. Housing credit rose over September due to growth in lending to
both owner-occupiers and investors.

Other personal credit increased by 0.3 per cent over September, after falling by
0.2 per cent in August. Over the year to September, other personal credit increased
by 2.8 per cent.

Business credit fell by 0.9 per cent over September, following a fall of 0.7 per
cent over August. Over the year to September, business credit declined by 3.7
per cent.

Over the month of September, M3 rose by 0.4 per cent and broad money increased by
0.3 per cent. Over the year to September, broad money grew by 5.4 per cent.

All growth rates for the financial aggregates are seasonally adjusted, and adjusted
for the effects of breaks in the series as recorded in the footnotes to tables.
Figures showing the levels of financial aggregates are not adjusted for series
breaks. Historical levels and growth rates for the financial aggregates have
been revised owing to the resubmission of data by some financial intermediaries,
the re-estimation of seasonal factors and the incorporation of securitisation
data.